🚀 #Bitcoin hits $120,785 (+2.54%) — what’s driving the rally?
📦 Institutional FOMO
– Metaplanet bought 797 $BTC ($93.6M), now holds $1.95B
– ETF inflows: $2.7B in 5 days
– Exchange reserves drop to 10-year low: 2.07M #BTC
🏛 Regulatory optimism
– U.S. “Crypto Week” boosts sentiment
– Pro-BTC bills like CLARITY & Genius Acts gain traction
– Trump’s stance adds fuel
📈 Technical breakout
– BTC broke $119K resistance
– RSI 75.1 — overbought but strong
– Eyes on $132.5K target (Fib extension)
⚠ Risk of consolidation exists, but momentum is real.
If $BTC dominance stays >63%, will altcoins join the rally?
